Sold

Early Childhood PTE, Cat 1, TEC Funded - A little Gem!

SOLD

Established more than 30 years ago, this small Category 1 Private Training Establishment (PTE) is very well respected in its field.

Registered and accredited by New Zealand Qualification Authority (NZQA), this PTE has a great reputation in this secure business sector and their training programmes are widely recognised and highly respected in New Zealand and abroad.

Their students have a high success and graduate employment rate, and the business has developed strong links with employment agencies in New Zealand and overseas.

Funded by Tertiary Education Commission (TEC), the funding has been consistent over the past twenty years.

Located in Auckland region, the affordable lease has been in place since 2005 on yearly basis and this will give the flexibility to the new owners to relocate in other premises if they wish.

The business is run by retiring owners with the support of professional Tutors (all the Tutors have been working in the business for at least 10 years – some of them for 20+ years!)

The PTE industry has many barriers to entry, and we feel this business might suit another education / training businesses that wishes to add this gem to their portfolio.

The business is very reluctantly being offered for sale due to the owner’s retirement however one of the owners would consider staying as a consultant on part-time basis to facilitate a smooth transition.

Price: $695,000 including $30,000 of tangible assets.

The sale of the PTE is subject to approval of NZQA.

A detailed information memorandum is available to approved parties. Visit www.barkerbusiness.co.nz/3103, submit the online Confidentiality Agreement and Paolo will be in touch.

*Source of information supplied by the Business Owner.
Licensed REAA 2008. Copyright Barker Business Brokerage Ltd 2022.

Details

Region Auckland
Price SOLD
Business ID 3103
Category Education/Training

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